Discord would have rejected a million dollar purchase offer - Luke is Alive - April 24
Photo by Alexander Shatov on Unsplash
After almost a month of known the original news about its interest in being sold, Discord would have rejected Microsoft's offer and would not accept the rumored sum of 10 billion dollars. Discord would get back on track to go public.
In the middle of the Covid-19 pandemic. The service doubled its number of monthly users, reaching 140 million according to statistics from the last year.
The revenue generated during the last calendar would also have increased dramatically, compared to 2019 (US $ 130 million vs. US $ 45 million), but the firm would still not be profitable.
Microsoft's purchase of Discord seemed logical. A platform that hosts countless number of communities, mostly dedicated to video games, would be an ideal addition to the Xbox ecosystem.
Discord will need to think clearly about what its next steps will be. If you fail in your attempt to go public, your future may actually be tied to the sale to another company. If this is the case, Microsoft will wait with open arms to renegotiate, albeit perhaps for a less exorbitant sum of money.
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